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Publication 553 2001 Tax Year

Excise Taxes - 2002 Changes

This is archived information that pertains only to the 2001 Tax Year. If you
are looking for information for the current tax year, go to the Tax Prep Help Area.

For more information on these taxes, see Publication 510.


Air Transportation Taxes

For transportation beginning in 2002, the tax on transportation of persons by air is increased to $3.00 for each domestic segment. The percentage tax remains at 7.5%.

For amounts paid in 2002, the tax on the use of international air travel facilities will be $13.20 per person for flights that begin or end in the United States, or $6.60 per person for domestic segments that begin or end in Alaska or Hawaii (applies only to departures).


Luxury Tax

For 2002, the luxury tax on a passenger vehicle is reduced 3% of the amount of the sales price that exceeds the base amount. The base amount for 2002 is $40,000.


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